Bitcoin breaks 100,000, and after the frenzy, a sharp correction arrives! Altcoins show strong resilience!

Yesterday, Bitcoin first broke through 100,000 USD, even reaching 104,000 USD, and everyone thought the crazy money-making days had arrived.

Little did we expect, shortly after that, a significant correction followed, plunging below 90,000 USD almost overnight, with a daily drop of over 10%. This crash triggered 1.087 billion USD in liquidation amounts, setting a new high since the FTX incident, and the price has now recovered.

After this correction, Bitcoin may enter a short-term consolidation phase, but its decline has also given altcoins a chance to rise:

Major tokens like Solana showed signs of recovery, with Solana briefly rising to 242 USD; Ethereum recovered to 3,870 USD;

Dogecoin also rebounded to 0.44 USD.

These “opportunities” during the adjustments are worth paying attention to.